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Links to previous press releases are below.

News Oil

Indian refinery runs post first year-on-year increase since February

Indian crude oil refinery throughput edged up by 50K b/d y-o-y to 4.97M b/d in December, rising on a yearly basis for the first time since February, according to Reuters reporting on provisional government...

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News Dry Cargo Coal,Iron Ore

Japanese Iron Ore and Coal Imports

At 10.3 Mt, Japanese iron ore imports rose by 5.0% year-on-year in December to the highest level in 17 months, data from the finance ministry show. However despite this rise, imports in 2020 dropped...

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News Oil

US shale oil production set to fall for fourth consecutive month

Oil production from the seven top US shale regions is expected to decrease by 90K b/d m-o-m and 1.55M b/d y-o-y to 7.52M b/d in February, falling for the fourth month in a row to the lowest level since...

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News Dry Cargo Steel

Brazilian Steel Output Climbs in December

At 2.9 Mt, Brazilian crude steel production grew by 17.2% year-on-year in December, data from Instituto Aço Brazil show. Despite this, crude steel production in 2020 was -4.9% below the 2019 total at 31.0 Mt.

News Oil

IEA lowers 2021 demand forecast following coronavirus resurgence

The International Energy Agency (IEA) has lowered its global oil demand forecast for 2021 by 280K b/d to 96.6M b/d compared to its previous report, stating that the current resurgence in coronavirus...

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News Dry Cargo Steel

Chinese Crude Steel Output Climbs in 2020

At 91.3 Mt, Chinese crude steel production climbed by 7.7% year-on-year in December, data from the National Bureau of Statistics show. Total output in 2020 rose by 5.2% on an annual basis to 1,053.0 Mt.

News Oil

China’s refinery throughput edges down in December

China’s crude oil refinery throughputs fell by 70K b/d m-o-m to 14.19M b/d in December, after previously rising to a record high in November, according to data from the Chinese National Bureau of Statistics....

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News Oil

Norwegian crude oil exports decline in December

Norwegian crude oil exports declined by around 60K b/d (or 4%) m-o-m to 1.51M b/d in December, with loadings to the Mediterranean and Europe tumbling as renewed coronavirus lockdown measures slash oil...

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